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If your income or assets have changed by more than $2,000, you are obliged to advise Centrelink within 14 days of this change. Centrelink regularly issue advice letters with rights and obligations printed on the back. So to avoid any over payments – or indeed underpayments which will not be backdated – please ensure you advise Centrelink of your correct details.

Age Pension Solutions will be more than happy to assist you with these updates. Simply give us a call if you are a client of ours, or wish to be, and we will advise Centrelink on your behalf.

In June 2017, the federal government announced plans to reinstate the Pensioner Concession Card again, to pensioners cancelled because of changes to the assets test.

You don’t have to do anything to get the card. If your pension payment was cancelled on 1 January 2017 because of changes to the pension assets test, we’ll send it to you automatically from 9 October 2017.